HSBC counts cost of emerging market success
Post# of 684
Posted On: 02/28/2012 10:13:13 PM
HSBC counts cost of emerging market success
LONDON (Reuters) - HSBC Holdings Plc said a $1 billion increase in its wages bill in Brazil, China and other emerging markets was the price of avoiding the stagnant growth which has dogged some rival lenders more dependent on Europe.
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